Pinnacle Investment Management Group Ltd (ASX: PNI) Share Price and News

Mr Macoun was appointed Managing Director of the Company on 17 August 2016 and an Executive Director on 25 August 2016, having been the Managing Director and Chair of PIML since 2006. Mr Macoun's career to date has included more than 30 years as the CEO and chief investment officer of investment management firms, including the establishment of Australia's first "multi-boutique" funds management firm (Perennial Investment Partners - founding Managing Director from 1998), building a new investment corporation (Queensland Investment Corporation (QIC) - inaugural Chief Executive from 1988), and the management of a Australian bank's investment operation (Westpac Investment Management, Managing Director from 1993).

Mr Watson worked in investment banking, accumulating over 30 years of experience within various global equity markets. During this period, he was responsible for starting and leading several securities businesses both in Europe and Asia, advising many companies on capital structuring, initial public offerings, takeovers and mergers and investment relations strategies. Mr Watson held positions as Managing Director at Barclays de Zoete Wedd Limited, Donaldson, Lufkin and Jenrette Securities Corporation, at Lehman Brothers Holdings Inc and as Head of Securities Europe for Macquarie Capital (Europe) Ltd., concluding his executive career in 2011. He is also the member of Compliance and Risk Management Committee.

Ms Beale began her working career in the finance industry where she was employed by Merrill Lynch for over a decade. She then moved to Ernst and Young where she specialized in risk management, governance, and public and government relations. Ms Beale also served and continues to serve on several government, public, private, and not-for-profit boards. Her experience includes the areas of finance, corporate governance, risk management, government, and public relations. Ms Beale is also the Chair of the Melbourne Convention Bureau and a director of Visit Victoria. She is also the member of the Compliance and Risk Management Committee.

Mr Chambers was appointed Executive Director of the Company on 1 September 2016 and is Head of Institutional and International Distribution. He has been a senior executive with PIML since he commenced with the firm in March 2008. Mr Chambers has multi-channel (retail, wholesale and institutional) and multi-jurisdictional distribution experience and is currently responsible for leading the firm's institutional and international distribution divisions. Prior to joining Pinnacle, Mr Chambers worked for Franklin Templeton, multi-affiliate investment management firms.

Ms Berends has worked in the financial services industry for over 40 years and possesses experience in both investment management and superannuation. Before moving to a non-executive career in 2014, she worked for 15 years with US based investment manager Marvin and Palmer Associates. Ms Berends contributed to industry associations throughout her executive career, serving on the boards of the Investment Management Consultants Association (IMCA Australia, now the CIMA Society of Australia) for 13 years (7 as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (3 as Chair). Ms Berends has been awarded Life Membership of both the CIMA Society and ASFA. She is also the Chair of the Risk Management
Committee.

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